JUST IN: 🇺🇸 Sen. Kevin Cramer talks CLARITY ACT on FOX

"The biggest issue is waiting for Democrats to read the new amendments relevant to the ethics piece..we have to get this done before August recess" 👏

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JUST IN: 🇺🇸 Public company Hyperscale Data adds 51.5 BTC to their treasury, now totaling 1,087 BTC 🚀

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JUST IN: 🟠 Shareholders of Mark Moss-backed British #Bitcoin treasury company Satsuma Technology ($SATS) have voted to sell all of its remaining 668 BTC, return capital to shareholders, and shut down the company.

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NEW: 🇺🇸 U.S. Treasury Secretary Scott Bessent says the Clarity Act is at the "1-yard line", Bloomberg reports 🚀

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NEW: 🟠 Galaxy launches a 'Bitcoin Quantum Readiness Initiative', offering up to $5 million in developer grants for post-quantum solutions 👏

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Bitcoin ownership in the U.S. has surpassed gold, with 49.6 million Americans holding BTC compared to 28.8 million who own gold, according to River.

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JEFF WALTON: 🟠 The big story here is the structural change to Bitcoin. It's credit being built on top of Bitcoin. It's instruments getting systemically plugged into how the world works.

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BULLISH: 🟠 Hashcash, invented by Adam Back, is cited in the Bitcoin whitepaper.

Yet in 2013, watching bitcoin pass $100, he thought he had missed the boat.

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Treasury Secretary Scott Bessent says lawmakers are at the "1-yard line" on the Clarity Act, urging Congress to pass the bill before recess.

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"The hybrid strategy gives us more optionality. Even in a bear market, we can use some of the business's cash flows to buy more BTC at any time."

"Meanwhile, a pure-play struggles to raise capital in a bear market."

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BULLISH: 🇺🇸 Spot Bitcoin ETFs have brought in $930.2 million inflows over the last 6 days 👀

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JUST IN: 🇨🇳 China public company Zhibao Technology Inc. announced signing a non-binding term sheet for 3,500 BTC as consideration for PIPE Financing 👀

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JUST IN: 🇺🇸 CNBC reports on CLARITY ACT

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JUST IN: 🇺🇸 Senate Republicans release updated Clarity Act text that bans the President and covered officials from issuing digital assets and requires them to sell their crypto holdings or put them in a blind trust.

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JUST IN: 🇺🇸 Public company Strive announces it will be supporting open source Bitcoin development and developers.

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NEW: 🇺🇸 Sen. Cynthia Lummis publically shares The CLARITY ACT's Ethics Requirement, which "bans ALL federal officials from issuing or sponsoring a digital asset for profit" 👀

President Trump has agreed to the terms 👏

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JUST IN: 🟠 Orange Juice co-founder Lyn Alden just said, "Our whole strategy is building diversified, uncorrelated, AI-resistant cash flows and buying #Bitcoin with those retained earnings for our treasury."

"mNAV and BPS aren't the go-to metrics for a hybrid company like ours."

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JUST IN: 🟠 TESLA has kept its full 11,509 BTC position 🚀

Elon Musk's company reported 2Q earnings today.

BTC held triggered an U$112 million unrealized loss 👀

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US Senate Republicans release new crypto Clarity Act draft bill.

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JUST IN: 🟠 Michael Saylor announces Strategy, BlackRock, Fidelity and Coinbase are pledging $15 million to support open source Bitcoin development "for the decades ahead." 🚀

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🟠 Nine firms launched the Bitcoin Security Consortium, pledging $15M over three years for Bitcoin security and post-quantum research. The group will not direct protocol development.

📰 https://btctimes.com/nine-firms-launch-bitcoin-security-consortium-with-15-million-in-pledges

📣 https://x.com/BTCTimescom/status/2080292590306406894

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